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Posted On

07
November
2022

NBU plans to switch from survival strategy to strengthening strategy in 2023

KYIV. Nov 7 (Interfax-Ukraine) – The National Bank of Ukraine (NBU) plans in 2023 to switch the banking sector from a strategy of survival to a strategy of strengthening, NBU head Andriy Pyshny said.

"The strategic priority is to start working today to move from a survival strategy to a strengthening strategy in 2023. Because of this, work will continue to develop a concept that should assess the resilience of the financial sector, assess the quality of assets, give parameters for future stress testing and which should determine the horizons and volumes of future additional capitalization," he said during a press briefing on Monday.

According to him, in this way it will be possible to ensure a stable working financial system.